National Life Group · 2 weeks ago
Associate Actuary, Life Valuation
Addison, TX
Full-time
Onsite
Mid, Senior Level
$122K/yr - $179K/yr
7+ years expNational Life Group is one of America’s fastest-growing insurance companies, dedicated to providing stability for families since 1848. The Associate Actuary will be responsible for calculating, analyzing, reporting, and explaining reserves and other actuarial financial statement items for Indexed Universal Life, while also providing actuarial support to various projects.
Health CareInsuranceLife Insurance
Responsibilities
Perform valuation on Life blocks with the focus on Principle-Based Reserves (PBR)
Perform experience studies, recommend assumption updates, and quantify impacts for PBR business
Conduct analysis of business trends and reserve movements
Update annual PBR report and communicate with external auditors and regulators regarding the PBR model
Support the production and oversight of reporting for reserves and other actuarial items – Statutory, GAAP, and Tax
Familiar with GAAP accounting such as FAS97 and FAS133 and clearly communicate analysis to financial reporting stakeholders
Proactively share analysis and provide insight into our business with Pricing, FP&A, Inforce Management, Modeling Center of Excellence, and Tax areas
Qualification
Required
FSA designation from the Society of Actuaries with a minimum 7 years of actuarial experience within the Life Insurance sector, or Career ASA with a minimum 10 years of experience within the Life Insurance sector
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field
At least 5 years of actuarial experience within actuarial modeling or actuarial valuation & financial reporting
Proficiency in actuarial modeling software (such as PolySystems, MG-ALFA, GGY-AXIS)
Skilled in database tools like SQL, DataBricks, Microsoft Access, etc
Comprehensive understanding of actuarial valuation requirements and techniques
Proven analytical prowess and problem-solving capabilities
A proactive attitude towards continuous improvement and challenging established norms
Preferred
Comprehensive understanding of actuarial governance and control frameworks
Demonstrated collaborative spirit and organizational synergy
Excellent written and verbal communication skills
Benefits
Flexible and customizable to your and your family’s specific needs
Full range of medical, financial, and/or other benefits
401(k) eligibility
Various paid time off benefits, such as vacation, sick time, and parental leave
Eligibility to participate in National Life’s discretionary annual incentive programs
Company
National Life Group
National Life Group offers life insurance, and annuity products to help individuals, families and businesses pursue financial needs.
1001-5000 employees
H1B Sponsorship
National Life Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (14)
2024 (3)
2023 (4)
2022 (7)
2021 (3)
2020 (5)
Funding
Current Stage
Late StageLeadership Team
M
Mehran Assadi
Chairman, CEO & President
Recent News
2025-11-26
2025-11-08
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